Technical analysis by ChartNinjas88 about Symbol PAXG: Sell recommendation (6/2/2025)

XAUUSD | 30-Min Bearish Setup – OB Tap + Liquidity EngineeringLet’s break this down ninja-style ⚔️📌 1. Market Context:Gold has retraced into a premium pricing zone after a significant sell-off and is now:Respecting a refined bearish Order BlockSitting at 61.8–70.5% Fibonacci retracement (textbook premium)Below a strong high (liquidity magnet)This is classic smart money engineering:➡️ Pull back➡️ Lure in breakout buyers➡️ Raid the high➡️ Dump toward liquidity🧠 2. Key Levels:📈 Strong High: 3,324.880🟪 Order Block Zone: ~3,316.745 to 3,324.880🔻 Current Price: ~3,307.000🔵 Weak Low: 3,270.000🩸 Sell Side Liquidity: 3,245.560We’re watching for a possible rejection from the OB and a drive down into the Sell Side Liquidity zone.📊 3. Entry Plan (Confirmation-Based):Wait for a bearish M5–M15 BOS from OBLook for FVG entry or last mitigationTarget weak low & SSLMaintain 1:2 to 1:4 RRR depending on entry precisionIdeal RR Target:🎯 TP: 3,245.560🛑 SL: Just above 3,324.880🔁 RR ~ 1:3+📉 4. SMC Story:🧩 Price swept internal liquidity and tapped into premium zone🔍 OB + Fib confluence = high-probability reaction area🧲 Weak low is unprotected = juicy target for sell-off🤖 This move could create displacement and fuel next bearish legSmart Money is looking to trap late longs before hitting the liquidity pool.🎯 5. Bonus Tip:If you’re on M1 or M5, scale into partials as the move confirms via:Bearish engulfingBOS + FVG comboLower timeframe mitigation playsStay reactive, not predictive. Let the market confirm the trap. ⚠️💬 Drop “Gold Trap Setup 👑” in the comments if you see the same thing🔁 Save this to track the next move🎯 Follow ChartNinjas88 for daily sniper setups!